L2Sprinter

Metaplanet's stock price has plummeted 87% over the past 12 months, but its balance sheet has grown to 40,177 Bitcoin, tripling from before and still profitable, with the stock trading below book value. Zynx calls it a "gift" for potential investors. In Q1 2026, it spent another approximately $405 million to buy 5,075 Bitcoin at an average cost of about $104,106 per coin, bringing total reserves to about 40.2k Bitcoin at a cost of approximately $4.18 billion, making it the world's third-largest corporate Bitcoin holder. CEO Simon Gerovich said the company plans to acquire 100% of Siiibo Securities for about $13.1 million, with completion in July.

CoinWorld news, Broadcom CEO Hock Tan said that the debut of the Jalapeño AI chip, co-developed by OpenAI and Broadcom, marks a trend of AI labs moving toward developing their own hardware and infrastructure. He pointed out that this well validates the business model they have built, where every model developer, especially frontier developers of large language models, will eventually move towards designing and building their own chips, computing power, and computational development, simply because they can do it better. Hock Tan added that the full-stack strategy chosen by OpenAI has created an exceptionally useful chip.

CryptoWorld News: SBI Group announces the launch of Japan's first stablecoin supported by a trust bank, JPYSC. This marks a significant advancement in Japan's stablecoin sector, aiming to provide users with a safer and more efficient digital currency trading method.

币界网消息，Reddit在戛纳创意节宣布推出基于“社区智能”的新广告产品：购物清单广告、原生广告生成器与用户高光广告。购物清单广告在对比与求建议的讨论旁投放，原生广告生成器自动依据品牌网站与相关讨论生成符合社区风格的广告，用户高光广告则展示正面用户发帖。Reddit一季度广告营收6.25亿美元，同比增长74%。首席运营官Jen Wong表示，平台以250亿条帖子与评论的集体智慧为权威，凭借社区结构与讨论质量信号理解有价值讨论。

According to DigitalToday, Custodia Bank and Vantage Bank proposed a token structure that allows conversion between bank deposits and stablecoins. According to the white papers from both companies, the token operates as deposits issued by member banks within the banking alliance; when transferred out of Hazel Network, it is converted into a stablecoin backed by cash and short-term U.S. Treasury bonds. The system has been running on Ethereum since March and is expected to be more broadly accessible to banks and customers by the fourth quarter of 2026.

Wu said that the world's largest derivatives exchange operator CME Group announced that current Chairman and CEO Terry Duffy will transition to Executive Chairman on March 1, 2027, and current President and CFO Lynne Fitzpatrick will succeed as CEO and join the board of directors. Duffy has served as CME Chairman since 2002, leading the company through major acquisitions such as the Chicago Board of Trade (CBOT) and the New York Mercantile Exchange (NYMEX), and spearheading CME's shift from open outcry trading to electronic trading. Recently, Duffy stated that CME will sue the CFTC to oppose its approval for the launch of perpetual futures in the U.S. market.

$ETH showing strength after reclaiming local demand.
Structure remains controlled above local support.
EP
1,790 - 1,800
TP
TP1 1,815
TP2 1,835
TP3 1,850
SL
1,780
Liquidity was taken below the local low and price reacted cleanly from support. Structure is stabilizing after the selloff with buyers defending the range.
Let’s go $ETH ‌

CryptoWorld News reports that the prediction market shows the chances of the California billionaire wealth tax going to a vote are rapidly decreasing, currently at only 27%. California Governor Gavin Newsom is working to stop the proposal before the June 25 deadline.

CryptoWorld news reports that Cyrus Finance is working hard to become the best USDT yield platform, aiming to simplify high-yield crypto investment. The platform currently has a market size of over $7 million and total liquidity of over $2 million, demonstrating strong user engagement and a solid financial foundation. As a decentralized blockchain yield optimizer, Cyrus Finance provides a transparent and secure smart contract ecosystem to help users maximize returns. Users only need to deposit USDT; the platform will handle all complex liquidity management and yield strategies. Cyrus Finance also protects users’ funds with multiple layers of security measures and partners with DeBank to help users track their open positions on the platform.

CryptoWorld News reports that, according to Whale Alert monitoring, 128,960,572 USDC (approximately $128,991,394) has just been transferred from an unknown address to an unknown whale address 1.

The Forbes Real-Time Billionaires List shows that SoftBank Group founder Masayoshi Son’s net worth has risen to $100.7 billion, reclaiming the title of Asia’s richest person and surpassing people such as India’s Ambani. Spurred by this, SoftBank’s share price surged, with its market value at one point reaching 48 trillion yen and overtaking Toyota. It ultimately closed up at 49.30 trillion yen, compared with Toyota’s 44.92 trillion yen.

CryptoWorld News reports that Senator Bernie Sanders proposed today that AI companies like OpenAI, Anthropic, and xAI should transfer 50% of their equity to a publicly managed fund overseen by the federal government.

Key points this week: Crypto investment products saw a net outflow of $1.67 billion; Vitalik proposed new thoughts on DeFi during a collapse; Japanese political parties support crypto ETFs and Japanese yen stablecoins; XBIT DEX rumored to make another large Bitcoin purchase; Bitcoin ETF experienced 10 consecutive days of capital outflows; S&P 500 rose 4% while BTC dropped 13%; Hacker losses in May 2026 decreased to approximately $68.3 million; Hyperliquid hit a new all-time high of $73.7; HYPE long positions' unrealized gains expanded to about $49.42 million.

BlockBeats News, May 29 — Arca Chief Investment Officer Jeff Dorman stated that the current approximately $15 billion preferred stock financing structure of Strategy is "out of control." He pointed out that these preferred stocks require about $1.5 billion in dividends annually, and with Bitcoin prices continuously fluctuating, this structure is becoming increasingly difficult to sustain. Strategy's financing model is based on the premise that "BTC will continue to rise significantly." Although the company previously alleviated short-term default risk through issuing additional shares, its decision to repurchase bonds maturing in 2029 is perplexing.
He said that Strategy may ultimately have only two options: sell BTC to pay preferred stock dividends or stop paying dividends, both of which would have significant impacts on the company and investors. Meanwhile, Strat